Conditions, Bonding for Completion. All of the conditions set forth herein shall be complied with or shall be bonded for completion by Owner before an Occupancy permit will be granted. Failure to comply with the Star City Ordinances or the terms of this Agreement shall result in a default of this Agreement by Owner. Owner may be allowed to bond for certain conditions at one hundred and fifty percent (150%) of the estimated cost of completion pursuant to Star City Ordinances.
Appears in 4 contracts
Samples: Development Agreement, Development Agreement Willowbrook Development Annexation, Development Agreement Cherished Estates Subdivision
Conditions, Bonding for Completion. All of the conditions set forth herein shall be complied with or shall be bonded for completion by the Owner before an Final Plat Approval or Occupancy permit Permits will be granted. Failure to comply with or bond for completion of the conditions within the time frame established in Star City Ordinances Code or the terms of this Agreement shall result in a default of this Agreement by the Owner. The Owner may be allowed to bond for certain conditions at one hundred and fifty twenty percent (150120%) of the estimated cost of completion pursuant to Star City OrdinancesCode.
Appears in 1 contract
Samples: Development Agreement
Conditions, Bonding for Completion. All of the conditions set forth herein shall be complied with or shall be bonded for completion by Owner before an Occupancy permit will be granted. Failure to comply with the Star City Ordinances or the terms of this Agreement shall result in a default of this Agreement by OwnerAgreement. Owner or Developer may be allowed to bond for certain conditions at one hundred and fifty percent (150%) of the estimated cost of completion pursuant to Star City Ordinances.
Appears in 1 contract
Samples: Development Agreement
Conditions, Bonding for Completion. All of the conditions set forth herein shall be complied with or shall be bonded for completion by Owner before an Occupancy permit will be granted. Failure to comply with the Star City Ordinances or the terms of this Agreement shall result in a default of this Agreement by Owner. Owner may be allowed to bond for certain conditions at one hundred and fifty percent (150%) of the estimated cost of completion pursuant to Star City Ordinances.
Appears in 1 contract
Samples: Development Agreement